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Kevin Jackson (@Kevin_Jackson)

Twitter Bio:: Cloud Musings author and IT strategist
Location:: Virginia, USA
Website:: http://kevinljackson.blogspot.com/

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Public, Private Cloud Markets Set to Soar as Enterprise Adoption Grows - ...

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With enterprises continuing to adopt cloud computing, analysts see continued growth in both public and private cloud investmentwith worldwide spending on public IT cloud services set to exceed $40 billion in 2012 and reach nearly $100 billion by 2016, according to IDC.The research firm forecasts that from 2012 to 2016, public IT cloud services will see gains at a compound annual growth rate (CAGR) of 26.4 percentfive times that of the IT industry overall, as companies accelerate their shift to the cloud services model for IT consumption. "The IT industry is in the midst of an important transformative period as companies invest in the technologies

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